BitPay Banks $510K In Investment To Become PayPal for Bitcoin, Already Has 2,100 Businesses On Board

Much like you’d find with companies and businesses using Stripe or PayPal, BitPay provides all of the back-end handling of payments, as well as “buy buttons” for the web. In November, BitPay had 1,300 businesses using their service, but after WordPress decided to adopt Bitcoin to pay for services globally, the company saw a dramatic rise to 2,100 merchants since then. For consumers, there is mobile integration to pay on the go, which will help Bitcoin pick up traction.